4111 Bayard Street

4111 Bayard Street

D

San Diego, CA 92109

$4,875,000

Beds

6

Baths

5

Sqft

4,612

Year Built

Days on Market

496

Property Type

Single Family

HOA/mo

N/A

MLS ID

24467167

View on MLS

Description

EXCELLENT INCOME PROPERTY OR GREAT BEACH HOUSE FOR A LARGE FAMILY OR TO SPLIT THE MORTGAGE WITH EXTENDED FAMILY MEMBERS. HIGHLY SOUGHT OUT BRAEMAR DISTRICT NEIGHBORHOOD. BY FAR THE BEST NEIGHBORHOOD IN ALL THE BEACH AREAS. LOCATED NEXT TO THE CATAMARAN RESORT. YOUR FAMILY AND GUEST WILL ENJOY THE RESORT'S SPA, RESTAURANT, POOL AND ETC. JUST A FEW STEPS TO ALL 3 FAMOUS BEACH'S, MISSION BAY, MISSION BEACH AND PACIFIC BEACH. STROLL AND BIKE THE BOARDWALKS. SELLER MOTIVATED. WITH SB-79 YOU MAY HAVE THE OPPORTUNITY TO BUILD UP TO 20,250 SQ. FT. A TOTAL OF 12 UNITS. HIGH RISE TO 65', 6-8 STORIES. WITH COMPLETE BEAUTIFUL WATER VIEWS OF THE OCEAN/BAY. EACH UNIT RENT INCOME PROJECTED AT AN AVERAGE OF $7,000 PER MONTH FOR A TOTAL MONTHLY RENT INCOME OF $84,000 PER MONTH.

Mortgage Calculator

Est. Monthly Payment

$30,948

Principal & Interest$24,651
Property Tax$4,875
Insurance$1,422
%($975,000)
%

Investment Score

0D
Est. Monthly Rent
$7,730
Monthly Cashflow

Rent − PITIA

$-23,218
Full Cashflow

Incl. vacancy, PM, maint, capex

$-29,058

Mortgage (P+I)
$24,651
Cap Rate
-1.08%
Cash-on-Cash
-35.76%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.25
Break-even Rent
$45,468

NOI (Annual)
$-52,889
Price-to-Rent

Lower = better for investors

52.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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